ATM - A2 Milk Corporation Limited

[bull....]

topped out right around the $12 lol be interesting if stays in the range

[minimoke]

Which is why I think its important to celebrate a win when you get one...probably get taken off you before long lol

I'm trying to avoid drinking during the week - so hopefully the gains last to Friday.

[Baa_Baa]

topped out right around the $12 lol be interesting if stays in the range

Bet you had a fun day 😀 Intraday double top = first and second chance to scalp the decent swing. Behaving nicely on TA isn't it. Might have another shot at breaking out tomorrow, a bounty for day traders albeit a pricey head share gives little margin for missing a move.

[Joshuatree]

Good day for the A stocks , my ATM up 6.1%, 68c, fab
My APX up 12% ,$1.38, thunderbirds are go.

[bull....]

Bet you had a fun day  Intraday double top = first and second chance to scalp the decent swing. Behaving nicely on TA isn't it. Might have another shot at breaking out tomorrow, a bounty for day traders albeit a pricey head share gives little margin for missing a move.

my read bottomed around that 10.40 same area as in late may. lets see what happens now resistance was around 11.80 - 12 currently consolidating in 11.70 - 12 on the 5 and 15 , see which way it goes. good reward to risk trading around the edges of the range otherwise its to much chop and risk anything in the middle. ranges make for good reward / risk , longs and shorts intraday.

[MikeE]

https://www.nbr.co.nz/story/a2-milk-...en-grow-faster

"A2 Milk has pushed out its break-even point in the United States by a year because distribution growth has been much faster than expected.

Managing director Jayne Hrdlicka says that means the company is seizing the opportunity to build a larger business which means spending more in the short-term.
“The distribution growth is now much faster than we had expected and the opportunity is there right now,” Ms Hrdlicka says.
“What happens when you accelerate distribution growth is you’re investing a lot in building up those points of distribution which then means that it takes a bit longer to get the rate of sales up across all distribution points to deliver the profit momentum that’s inherent in a more established position,” she says."

[bull....]

https://www.nbr.co.nz/story/a2-milk-...en-grow-faster

"A2 Milk has pushed out its break-even point in the United States by a year because distribution growth has been much faster than expected.

Managing director Jayne Hrdlicka says that means the company is seizing the opportunity to build a larger business which means spending more in the short-term.
“The distribution growth is now much faster than we had expected and the opportunity is there right now,” Ms Hrdlicka says.
“What happens when you accelerate distribution growth is you’re investing a lot in building up those points of distribution which then means that it takes a bit longer to get the rate of sales up across all distribution points to deliver the profit momentum that’s inherent in a more established position,” she says."

that be good , dont worry about short term profit and invest for long term growth

[biker]

https://www.nbr.co.nz/story/a2-milk-...en-grow-faster

"A2 Milk has pushed out its break-even point in the United States by a year because distribution growth has been much faster than expected.

Managing director Jayne Hrdlicka says that means the company is seizing the opportunity to build a larger business which means spending more in the short-term.
“The distribution growth is now much faster than we had expected and the opportunity is there right now,” Ms Hrdlicka says.
“What happens when you accelerate distribution growth is you’re investing a lot in building up those points of distribution which then means that it takes a bit longer to get the rate of sales up across all distribution points to deliver the profit momentum that’s inherent in a more established position,” she says."

Also from the NBR

"A2 Milk’s results suggest it has lost some momentum in the key China market for infant formula......."

[biker]

https://www.nbr.co.nz/story/a2-milk-...en-grow-faster

"A2 Milk has pushed out its break-even point in the United States by a year because distribution growth has been much faster than expected.

Managing director Jayne Hrdlicka says that means the company is seizing the opportunity to build a larger business which means spending more in the short-term.
“The distribution growth is now much faster than we had expected and the opportunity is there right now,” Ms Hrdlicka says.
“What happens when you accelerate distribution growth is you’re investing a lot in building up those points of distribution which then means that it takes a bit longer to get the rate of sales up across all distribution points to deliver the profit momentum that’s inherent in a more established position,” she says."

Could this be negative news skilfully, beautifully and deceptively spun?

[winner69]

Could this be negative news skilfully, beautifully and deceptively spun?

Could be Jayne at her dazzling best